Stocks | Indices

First Replublic Bank (FRC): It can drop below $13!

Our focus on First Republic Bank is not to add further comments on what is happening, but we try to follow the next swing from a technical point of view. If we look intraday chart (hourly chart) we see the possibility that a harmonic structure will appear with a potential Target just below $13. Failure of this Pattern will push $FRC around $63.

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